BTC Long
Hey All,
If it closes below 20 day average as seen on this shot with the arrow. I'd go for a short position.
This is however on a short timeframe.
Looking at the daily chart, i'd be looking for an entry for a long position.
Because we're very close to a big support, this could be a precursor for a big move up.
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If it is helping you, please leave a like and a comment.⠀
_____________________________________________________________________________⠀
This information is not a Recommendation. It is purely for Educational Purposes.⠀
⚠ Keep in mind this is just a prediction, i might go in on this trade but stick to your own strategy and method.
If it closes below 20 day average as seen on this shot with the arrow. I'd go for a short position.
This is however on a short timeframe.
Looking at the daily chart, i'd be looking for an entry for a long position.
Because we're very close to a big support, this could be a precursor for a big move up.
Follow me for more like this !
If it is helping you, please leave a like and a comment.⠀
_____________________________________________________________________________⠀
This information is not a Recommendation. It is purely for Educational Purposes.⠀
⚠ Keep in mind this is just a prediction, i might go in on this trade but stick to your own strategy and method.
Catatan
Here is the short position i mentionedCatatan
Price action wich promted my entry.
Catatan
In any case, a nice 4% rise since my entryCatatan
First target, the 2nd resistance line is hit, this was where i took out some profit and ill just let the rest go in a risk free trade to see if we can reach the last target as shown in the snapshot above.
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